(WSB Radio) The American Association of Retired People is warning the elderly beware of the free lunch!

The AARP says a common setting for fraudsters to engage their victims is through a free lunch or dinner offer, by which an individual is solicited to attend and learn more about investing in retirement. Many of these invitees have received 10 or more invitations to these "free" events.

Once at the seminar, half of attendees surveyed said the presenter asked for personal information, such as contact or financial information, and nearly 46 percent reported that the presenter attempted to make a follow-up appointment at their home.

According to a new survey from AARP, 78 percent of surveyed Americans age 55 and older indicated they are very or somewhat concerned about financial scams affecting them or someone they know.

http://www.aarp.org/